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Euro Hits Lifetime High Against US Dollar
I've been wondering when EUR/USD is ever going to touch the record high of 1.3666, and today is that day! Forex traders have pushed EUR/USD higher after a strong German IFO survey...US Home Sales Lowest in 18 Years
US existing home sales fell by the largest magnitude in 18 years in March (down 8.4%), and US consumer confidence fell...EUR/USD Loses Its Bullish Momentum
Today the US dollar rose other currencies, and Euro lost its bullish momentum to conquer the 1.3600 territory after several comments reportedly made by a European Central Bank (ECB) member over the weekend....What's Next For Currencies?
There is so much upheaval in the markets, with the US dollar hitting multi-year/decades low against other currencies such as the Euro, the British Pound, Aussie dollar..Some Peace in the Financial Markets
The almost bare slate of economic data has kept the forex market quite still and peaceful today. Yesterday stock markets, especially those in Asia, suffered quite a steep decline...Can EUR/USD Stay Above 1.3600?
EUR/USD tried its luck above 1.3600 and hit another high at 1.3620 during the Asian session, but heavy selling pressure has pushed the pair below it again. Elsewhere, the US dollar is being battered, but...British Pound Hits 26-Year High vs US Dollar
False breakouts occurred today in Cable (GBP/USD) and EUR/USD when forex traders tried pushing these two pairs past major technical levels. The US dollar looks quite destined for a medium to long - term weakening....Foreign Demand for US Securities Slips
There is hardly any response to the usually heavyweight US data such as retail sales and TICS (Treasury International Capital Flows). TICS data showed that foreign demand for US securities fell in...
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